Tableaux LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 8,060 shares of the company’s stock, valued at approximately $616,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its stake in SPDR Gold MiniShares Trust by 5.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 541,467 shares of the company’s stock worth $41,395,000 after purchasing an additional 28,037 shares during the period. Orion Porfolio Solutions LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 34.2% in the second quarter. Orion Porfolio Solutions LLC now owns 38,148 shares of the company’s stock valued at $2,499,000 after purchasing an additional 9,732 shares in the last quarter. Detalus Advisors LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 34.0% in the third quarter. Detalus Advisors LLC now owns 91,003 shares of the company’s stock valued at $6,957,000 after purchasing an additional 23,109 shares in the last quarter. Bangor Savings Bank boosted its position in shares of SPDR Gold MiniShares Trust by 2.7% during the third quarter. Bangor Savings Bank now owns 436,528 shares of the company’s stock worth $33,373,000 after buying an additional 11,657 shares during the period. Finally, Ashton Thomas Private Wealth LLC boosted its position in shares of SPDR Gold MiniShares Trust by 29.1% during the third quarter. Ashton Thomas Private Wealth LLC now owns 36,703 shares of the company’s stock worth $2,806,000 after buying an additional 8,284 shares during the period.
Key Headlines Impacting SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Analysts warn that an escalation in the U.S.–Iran situation could send gold sharply higher (Natixis sees a move toward $5,800/oz), supporting GLDM as a safe‑haven play. Gold could hit $5,800 if U.S.-Iran conflict escalates – Natixis’ Dahdah
- Positive Sentiment: UBS and other banks continue to forecast much higher prices (UBS sees ~$6,200/oz by mid‑year), which underpins demand expectations for GLDM. Fed easing, geopolitical turmoil, rising demand will combine to push gold to $6,200/oz by mid-year – UBS
- Positive Sentiment: China signals it will expand its influence in the international gold market—policy actions or increased official buying would support bullion and GLDM. China to ‘expand the country’s market share and influence on prices in the international gold market’ – Hong Kong official
- Positive Sentiment: Reports of large central‑bank buying (1,000 tonnes) and continued demand narratives are cited as a structural support for prices, which benefits GLDM. Gold (XAUUSD) & Silver Price Forecast: 1,000 Tonnes Bought, Demand Surges – Rally Sustainable?
- Neutral Sentiment: Market positioning and technical adjustments are keeping price action choppy; some session‑to‑session position rebalancing can cause short‑term moves without changing the medium‑term outlook. Gold Edges Higher Amid Possible Position Adjustments
- Neutral Sentiment: Technical analysts show bulls defending key support and oscillating between $5,250 and higher targets — this keeps trading range risk elevated for GLDM. Gold (XAU/USD) Price Forecast: Bulls Defend Support, Eye $5,345 Target
- Negative Sentiment: Short‑term profit‑taking after recent rallies has pushed prices down and pressured GLDM intraday. Gold sees profit taking; silver up in choppy trade
- Negative Sentiment: Hawkish Fed signals and higher US data (which lift real yields) have trimmed safe‑haven demand, a headwind for GLDM. Gold (XAUUSD) & Silver Price Forecast: $5,250 Rejected – Will Bulls Regain Control?
- Negative Sentiment: Rising US consumer confidence and calls from some strategists to rotate into Treasuries or reduce gold exposure create downward pressure on near‑term prices. Gold prices remain under pressure as U.S. Consumer Confidence rises to 91.2
SPDR Gold MiniShares Trust Price Performance
SPDR Gold MiniShares Trust Profile
The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.
See Also
- Five stocks we like better than SPDR Gold MiniShares Trust
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- Buy this Gold Stock Before May 2026
- This makes me furious
- What a Former CIA Agent Knows About the Coming Collapse
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.
